Auto Trader Group (LON:AUTO - Get Free Report) issued its earnings results on Thursday. The company reported GBX 31.66 ($0.43) EPS for the quarter, Digital Look Earnings reports. Auto Trader Group had a return on equity of 47.03% and a net margin of 45.00%.
Auto Trader Group Price Performance
LON:AUTO traded down GBX 10.01 ($0.13) on Friday, reaching GBX 788.59 ($10.61). 8,154,042 shares of the company's stock traded hands, compared to its average volume of 7,395,265. The firm has a market cap of £6.96 billion, a PE ratio of 27.95, a P/E/G ratio of 3.99 and a beta of 0.78. The stock has a 50-day simple moving average of GBX 814.03 and a 200-day simple moving average of GBX 798. The company has a quick ratio of 1.50, a current ratio of 1.66 and a debt-to-equity ratio of 6.26. Auto Trader Group has a 12 month low of GBX 706 ($9.50) and a 12 month high of GBX 920 ($12.38).
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the company. JPMorgan Chase & Co. restated an "underweight" rating and issued a GBX 746 ($10.04) price target on shares of Auto Trader Group in a research note on Thursday, March 20th. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 830 ($11.17) target price on shares of Auto Trader Group in a report on Thursday. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of GBX 864.25 ($11.63).
Check Out Our Latest Stock Report on Auto Trader Group
Insider Activity
In other news, insider Nathan Coe sold 2,083,252 shares of the stock in a transaction on Thursday, March 27th. The stock was sold at an average price of GBX 386 ($5.19), for a total transaction of £8,041,352.72 ($10,819,904.09). Company insiders own 1.04% of the company's stock.
Auto Trader Group Company Profile
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About Auto Trader
Auto Trader Group plc is the UK's largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader's marketplace sits at the heart of the UK car buying process.
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